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Ukraine war ‘bankrupts’ ESG case, says BlackRock’s former sustainable investing boss
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ESG is in a state of flux. Oil and defence stocks are spiking. Debates rage about whether arming Ukraine is a green-friendly act. Even Elon Musk, the billionaire electric vehicle evangelist, called for ramped up energy output.
The Ukraine crisis “highlights all kinds of inconsistencies that bankrupt a lot of the underlying theses” behind ESG, Tariq Fancy, former sustainable investing CIO of BlackRock, told Financial News.
“I...
Read more on fnlondon.comAbout this in other media
Ukraine war: Satellite photos appear to contradict Russian denials over Bucha atrocities euronews.com /2 years ago
Morrisons says profits likely to take big hit from inflation and Ukraine war theguardian.com /2 years ago
Dimon says confluence of inflation, Ukraine war may 'dramatically increase risks ahead' for U.S. cnbc.com /2 years ago
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